The $139 million screw-up

[bull]

   http://news.yahoo.com/s/nm/20061018/od_nm/picasso1_dc

LOS ANGELES (Reuters) - Picasso's famed "Dream" painting turned into a nightmare for Las Vegas casino magnate Steve Wynn when he accidentally gave the multimillion dollar canvas an elbow.

Wynn had just finalized a $139 million sale to another collector of his painting, called "Le Reve" (The Dream), when he poked a finger-sized hole in the artwork while showing it to friends at his Las Vegas office a couple of weeks ago.

Director and screenwriter Nora Ephron, who witnessed and related the incident in her blog on the Huffington Post Web site (www.huffingtonpost.com), said Wynn had raised his hand to show the group something about Picasso's 1932 portrait of his mistress Marie-Therese Walter.

"At that moment, his elbow crashed backward right through the canvas. There was a terrible noise," Ephron wrote, noting that Wynn has retinitis pigmentosa, an eye disease that damages peripheral vision.

"Smack in the middle ... was a black hole the size of a silver dollar. 'Oh s---,' he said. 'Look what I've done. Thank goodness it was me.'"

Wynn's office on Tuesday confirmed the story, an account of which also appeared in this week's The New Yorker. Both accounts said Wynn had decided to release the buyer from the sale agreement and to repair and keep the painting himself.

Wynn, a millionaire casino developer and art collector, developed The Mirage and Bellagio resorts in Las Vegas in the 1990s, which spearheaded a profusion of luxury hotels and casinos on the once-seedy Las Vegas Strip.

[Charger_Fan]

Sounds like he should switch to admiring art from afar.

[Old Moparz]

Anything can be fixed, all you need is patience, a good manual, the right color duct tape & some paint.

[nh_mopar_fan]

There's probably a Ronco kit for this.

[Shakey]

Chump change to that guy - no worries!

[Brock Samson]

   


no, not really...

[derailed]

 I would have paid money to see the look on his face after he did it.

[PocketThunder]

I would have paid money to see the look on his face after he did it.

would you have paid $139 million? 

[Silver R/T]

too much money on his hands

[Steve P.]

I'm sure he has his collection insured..  Probably his elbow too!!